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Last Updated: 19 December 2024

Great all-round sportsbook with plenty of betting markets and promos to entice new and existing users

Bonuses and Promos

Our analysis of the welcome offer and any other featured sports betting promos, including any OddsIndex exclusives

41/50

Deposit and Withdrawals

Our assessment of the signup process as well as the banking options offered by sportsbooks for depositing and withdrawing funds

50/50

Mobile App

Our take on the mobile betting experience for iOS and Android devices

43/50

Betting Options

Our breakdown of the betting menu and a brief analysis of vig levels across the main US sports

44/50
Pros
Good variety of betting markets and products such as Same Game Parlays
Cool promos including a welcome offer of up to $1000
Highly-rated mobile app for both iOS and Android
Cons
Limited live streaming options

FanDuel Promo Code: 2025

Bet $5, win your first wager, and FanDuel drops $250 in bonus bets into your account within 72 hours. No promo code needed, 23 legal states, lightning-fast PayPal and Venmo payouts, and the industry's premier Same Game Parlays - FanDuel is essential for US sports bettors in 2025.

Bet $5, Win $250 in Bonus BetsNo promo code required
Claim Offer

FanDuel continues to dominate the rapidly expanding US sports betting market thanks to an intuitive interface, industry-leading Same Game Parlays, and a welcome bonus that delivers serious bang for a minimal outlay. Below is the latest, geo-targeted information for US bettors, including current promos, legal states, payment methods, and every small-print detail you need to play with confidence.

FanDuel Sign-Up Bonus: Bet $5, Win $250 in Bonus Bets

OfferPromo CodeKey TermsEligible StatesOddsIndex Bonus Rating

Bet $5, Win $250 in Bonus Bets if your first cash wager of $5+ on any market settles as a win

No code required

Min. $5 deposit; bonus issued as non-withdrawable bonus bets within 72 hours; bonus expires after 7 days

AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MD, MI, NC, NJ, NY, PA, PR, TN, VA, VT, WV, WY (MO: Bet $5, Get $300)

85/100

How the Bonus Works

  1. Register and deposit at least $5 (see banking options below).

  2. Place a first cash wager of $5+ on any pre-game or live market.

  3. If the wager wins, FanDuel credits $250 in bonus bets within 72 hours ($300 in Missouri).

  4. Bonus bets can be split across multiple wagers; stake is not returned with winnings.

  5. Bonus funds expire 7 days after issue.

21+ and present in a legal state. Gambling Problem? Call 1-800-GAMBLER or visit RG-Help.com. Additional state-specific hotlines apply.

FanDuel now operates online in 23 jurisdictions, one of the broadest footprints of any US sportsbook.

StateLaunch YearOnline or RetailNotes
Arizona2021Online and RetailSuns partnership
Colorado2020OnlineGolden Gates Casino skin
Connecticut2021Online and RetailMohegan Sun partner
District of Columbia2023Online18+ minimum age
Illinois2020Online and RetailIn-person registration required
Indiana2019Online and RetailBlue Chip Casino skin
Iowa2021Online and RetailDiamond Jo partner
Kansas2022OnlineKS Star Casino affiliation
Kentucky2023OnlineNew market entrant
Louisiana2022Online and RetailParish restrictions apply
Maryland2023Online and RetailStatewide mobile
Michigan2021Online and RetailMotorCity deal
Missouri2025OnlineBet $5, Get $300 offer
New Jersey2018Online and RetailMeadowlands retail hub
New York2022OnlineHighest NY handle share
North Carolina2024OnlineMobile only
Pennsylvania2019Online and RetailValley Forge Casino partner
Puerto Rico2023Online18+ minimum age
Tennessee2020OnlineOnline-only state
Vermont2024OnlineMobile only debut
Virginia2021OnlineWashington Commanders deal
West Virginia2019Online and RetailGreenbrier partner
Wyoming2021OnlineOnline-only wagering

All other US states either prohibit online sports betting or have yet to approve FanDuel's license.

OddsIndex Bonus Rating System

We grade every welcome offer on five equal-weight pillars:

  • Advertised Value - headline dollar amount vs. stake required.
  • Deposit-to-Bonus Ratio - 1:1 is standard; higher is better.
  • Payout Structure - lump-sum credits outrank drip releases.
  • Time to Use - longer expiry elevates score; FanDuel offers 7 days.
  • Risk Dependency - unconditional "bet-and-get" beats loss-refund models.

FanDuel's current offer scores 85, boosted by the low $5 entry point and attainable $250 upside, but docked for the "bet must win" condition.

How to Bet on FanDuel

Registration and Geolocation

  • Provide legal name, address, DOB, and last four SSN digits to verify identity (KYC).
  • Enable device location services or install the desktop geolocation plugin.

Placing Your First Wager

  1. Deposit at least $5 via any supported method (table below).
  2. Locate your market using the league carousel or search bar.
  3. Tap the odds to populate the bet slip; enter stake; confirm.

FanDuel's iOS app rates 4.9 stars from 1.8 million reviews, while its Android app holds 4.7 stars from 382,000 users, the highest in the US market.

Deposits and Withdrawals

MethodDeposit FeeWithdrawal SpeedLimitsNotes
Visa/Mastercard0%N/A$10-$2,000/dayCredit card cash advance fees may apply
PayPal0%Up to 48 hours$10-$10,000Must deposit with same PayPal first
Venmo0%Up to 48 hours$10-$5,000Mobile only
Apple Pay0%N/A$10-$2,000iOS devices only
Trustly Online Banking0%Up to 72 hours$10-$5,0001,000+ banks supported
Prepaid Play+0%Up to 24 hours$20-$5,000Instant ATM access
PayNearMe$1.99N/A$10-$500Deposit at 27,000+ retail stores
Wire TransferBank feesUp to 72 hours$500-$100,000High-roller option
Paper Check0%7-10 days$100-$10,000Mailed to address on file

Withdrawal requests may be subject to additional ID verification per state regulations.

FanDuel Features Bettors Love

Same Game Parlays

FanDuel invented the SGP and still offers the deepest menu, often exceeding 400 combinable markets on a single NFL matchup. Correlated pricing is transparent, and SGP+ lets you link legs across multiple games for monster payouts.

Live Betting and Streaming

In-play odds update every few seconds, with select NHL, tennis, soccer, darts, and table-tennis streams embedded in the app for fully integrated wagering. Early cash-out is available on most markets, letting you bank profit or cut losses before the final whistle.

FanDuel TV and FanDuel+

Rebranded from TVG, FanDuel TV now reaches 60 million US homes with daily betting shows hosted by Kay Adams and live international sports 24/7. All streams are free to account holders via the FanDuel+ app.

Responsible Gambling Toolkit

  • Deposit, wager, and time limits configurable in-app.
  • "My Spend" dashboard tracks weekly/monthly outlay.
  • One-click 3- to 365-day time-outs or lifetime self-exclusion.

Frequently Asked Questions

Do I need a FanDuel promo code?

No. Click any OddsIndex link to auto-activate the Bet $5, Win $250 bonus.

Does my first bet have to lose to get the bonus?

No. The bonus triggers only if your first bet wins; a losing first bet ends the promo with no refund.

How long do I have to use my bonus bets?

Bonus bets expire 7 days after they hit your account; unused credits vanish.

What is the minimum withdrawal?

Most methods require $20; checks need $100; cash at the cage starts at $50.

How fast are payouts?

PayPal, Venmo, and Prepaid Play+ typically clear within 48 hours; online banking takes up to 72 hours; checks 7-10 days.

Refer to the full state list above; geolocation blocks wagering from non-authorized locations automatically.

Verdict: Is FanDuel Worth Your $5?

For sheer ease of use, top-tier odds boosts, and the best SGP engine in the business, FanDuel remains the sportsbook to beat. The Bet $5, Win $250 offer carries minimal risk and outsized upside, though the "win-dependent" trigger drags its overall rating behind unconditional bet-credit promos offered elsewhere.

Still, with 23 legal jurisdictions, blazing-fast payouts, and wall-to-wall live streams, FanDuel is a must-have in any US bettor's arsenal.

Licensing and Regulation

FanDuel Sportsbook is licensed and regulated by gaming commissions in each US state where it operates:

StateRegulator
Arizona

Arizona Department of Gaming

Colorado

Colorado Division of Gaming

Connecticut

CT Department of Consumer Protection

Washington D.C.

DC Office of Lottery and Gaming

Illinois

Illinois Gaming Board

Indiana

Indiana Gaming Commission

Iowa

Iowa Racing and Gaming Commission

Kansas

Kansas Racing and Gaming Commission

Kentucky

Kentucky Horse Racing Commission

Louisiana

Louisiana Gaming Control Board

Maryland

Maryland Lottery and Gaming Control Agency

Michigan

Michigan Gaming Control Board

Missouri

Missouri Gaming Commission

New Jersey

NJ Division of Gaming Enforcement

New York

New York State Gaming Commission

North Carolina

NC Education Lottery Commission

Pennsylvania

PA Gaming Control Board

Puerto Rico

Puerto Rico Treasury Department

Tennessee

Tennessee Sports Wagering Council

Vermont

Vermont Department of Liquor and Lottery

Virginia

Virginia Lottery

West Virginia

West Virginia Lottery

Wyoming

Wyoming Gaming Commission

All FanDuel operations are subject to strict regulatory oversight, ensuring fair play, secure transactions, and player protection measures.

The Differences Between States

Operating in 23 states with Missouri launch Dec 2025. Same app across states with geo-location checks.

Map of Sportsbook operationsAlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyomingDistrict Of Columbia

Operations in Arizona

Phoenix Suns Footprint Center retail/mobile

FAQs